Unilever PLC (NYSE:UL) Shares Bought by Ameritas Advisory Services LLC

Ameritas Advisory Services LLC raised its stake in shares of Unilever PLC (NYSE:UL) by 13.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 11,852 shares of the company’s stock after acquiring an additional 1,376 shares during the period. Ameritas Advisory Services LLC’s holdings in Unilever were worth $672,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Sei Investments Co. increased its stake in Unilever by 5.9% during the second quarter. Sei Investments Co. now owns 251,012 shares of the company’s stock worth $13,796,000 after purchasing an additional 13,927 shares during the period. Thrivent Financial for Lutherans grew its holdings in shares of Unilever by 4.1% in the second quarter. Thrivent Financial for Lutherans now owns 13,538 shares of the company’s stock valued at $744,000 after purchasing an additional 536 shares in the last quarter. 1832 Asset Management L.P. increased its stake in Unilever by 26.1% during the 2nd quarter. 1832 Asset Management L.P. now owns 31,777 shares of the company’s stock worth $1,747,000 after buying an additional 6,586 shares during the period. Bank of Montreal Can lifted its holdings in Unilever by 249.5% during the 2nd quarter. Bank of Montreal Can now owns 1,748,329 shares of the company’s stock worth $98,204,000 after buying an additional 1,248,136 shares in the last quarter. Finally, Marshall Wace LLP purchased a new position in Unilever in the 2nd quarter valued at approximately $6,719,000. 9.67% of the stock is owned by hedge funds and other institutional investors.

Unilever Stock Down 1.6 %

Shares of UL opened at $56.02 on Thursday. Unilever PLC has a 52-week low of $46.46 and a 52-week high of $65.87. The stock has a 50 day moving average price of $57.56 and a 200 day moving average price of $60.37.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on the company. Royal Bank of Canada cut Unilever from a “sector perform” rating to an “underperform” rating in a research note on Monday, January 6th. Erste Group Bank reaffirmed a “hold” rating on shares of Unilever in a research report on Tuesday, November 19th. Sanford C. Bernstein upgraded Unilever from a “hold” rating to a “strong-buy” rating in a research note on Thursday, January 9th. Finally, StockNews.com lowered shares of Unilever from a “buy” rating to a “hold” rating in a research note on Tuesday, November 12th. Three investment analysts have rated the stock with a sell rating, two have given a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $61.75.

Unilever Profile

Unilever PLC operates as a fast-moving consumer goods company in the Asia Pacific, Africa, the Americas, and Europe. It operates through five segments: Beauty & Wellbeing, Personal Care, Home Care, Nutrition, and Ice Cream. The Beauty & Wellbeing segment engages in the sale of hair care products, such as shampoo, conditioner, and styling; skin care products including face, hand, and body moisturizer; and prestige beauty and health & wellbeing products consist of the vitamins, minerals, and supplements.